Shenzhen Desay Battery Technology Dividend
Dividend criteria checks 4/6
Shenzhen Desay Battery Technology is a dividend paying company with a current yield of 2.24% that is well covered by earnings.
Key information
2.2%
Dividend yield
29%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.38 |
Dividend yield forecast in 3Y | 2.6% |
Recent dividend updates
Recent updates
These 4 Measures Indicate That Shenzhen Desay Battery Technology (SZSE:000049) Is Using Debt Extensively
Jun 23Improved Earnings Required Before Shenzhen Desay Battery Technology Co., Ltd. (SZSE:000049) Shares Find Their Feet
Jun 07Is Shenzhen Desay Battery Technology Co., Ltd. (SZSE:000049) Potentially Undervalued?
Apr 17Shenzhen Desay Battery Technology's (SZSE:000049) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 000049's dividend payments have been volatile in the past 10 years.
Growing Dividend: 000049's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Shenzhen Desay Battery Technology Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (49) | 2.2% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.6% |
Industry Average (Electrical) | 1.9% |
Analyst forecast in 3 Years (49) | 2.6% |
Notable Dividend: 000049's dividend (2.24%) is higher than the bottom 25% of dividend payers in the CN market (0.71%).
High Dividend: 000049's dividend (2.24%) is low compared to the top 25% of dividend payers in the CN market (2.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.1%), 000049's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.2%), 000049's dividend payments are well covered by cash flows.